Welcome

Welcome to the IFA Platform. Contained within are exclusive specialist tools and features only for Independent Financial Advisers. If you are an IFA and would like access to this section please first set up a normal account, and then call us on 01625 511411 with your FSA regulatory number so that we can upgrade you to a specialist account.

IFA Services

The UK Endowments internet based Traded Endowment Policy trading platform breaks the long established mould of buying TEP’s through market makers – the site effectively puts Buyers and Sellers together resulting in both parties potentially getting a better deal than the traditional market maker route.

This will also benefit IFA’s who are looking for policies for their clients to buy. The purchase prices on the Policy List are all net of commission therefore IFA’s have the option of charging their clients a direct fee or adding commission to the policy. This is very simple to do – once you have set up a ‘Commercial Account’ you will have access to the ‘custom policy pricing’ facility which enables you to re-price policies to include a set level of commission or re-price policies to a lower PDR (Pricing Discount Rate) which will also enable commission to be generated. Policy details will then be adjusted and the price and Bonus Sensitivity tables will be based on the new purchase price.

IFA’s will also be able to use the ‘White Label Program’ to produce a spreadsheet of policies to present to their clients.

On-Line Tools (Tax Calculator)

Another unique facility of the UK Endowments trading platform for IFA’s with UK TEP investment clients is the Capital Gains Tax Calculator. If you purchase a TEP through the website you will be able to see the potential CGT liability at maturity. This is an extremely useful facility particularly if you are building a portfolio of TEPs to mature in different tax years to maximise the use of the annual CGT allowance. You can set up an account for each of your clients and the system even allows you to incorporate TEP’s purchased elsewhere or even other potential future CGT liabilities on any other assets.

More Information

For more information about the services available to IFA’s and/or to set up an IFA account please email us at ifas@ukendowments.com or call us on 01625 511411.